USX Expects ‘Substantial’ First-Quarter Loss: USX Corp....
From Times Staff and Wire Reports
USX Expects ‘Substantial’ First-Quarter Loss: USX Corp. said it expects the operating loss in the steel segment, excluding previously announced restructuring charges. Chairman Charles A. Corry said: “The uncertainty created by the lack of an early labor agreement and the adverse economic climate have had an unfavorable impact on steel orders.”
